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25 November 2024 | 10 replies
Both options have merit, but renting allows you to keep an appreciating asset while covering costs.
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26 November 2024 | 15 replies
I would lease it to cover cost for 2/3 years and then I would sell once I could get $475,000+ Would be a nice ROI and is actually doable.Love this idea!
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16 November 2024 | 3 replies
Quote from @James McGovern: I am interested in purchasing a few condos in Florida and want to understand if there are any insurance products that cover the rising cost of HOA assessments?
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26 November 2024 | 17 replies
Ask the person above to recommend a trust Attorney.3.Ask them for a finance company or bank that covers those states.
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18 November 2024 | 1 reply
You're going to want a cell-enabled trail cam type of setup; don't know what carriers have them these days but we had one that gave motion alerts and hooked up to US Cellular.
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27 November 2024 | 3 replies
Sellers want to be on the MLS that covers the area where their home is located, so they can get in front of LOCAL buyer agents (nearly all buyers use an agent).2.
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2 December 2024 | 21 replies
One is a DSCR loan that covers 5 properties (also a 30-year fixed...at 3.75%!).
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27 November 2024 | 8 replies
By renting out a duplex unit, you can cover a portion of your mortgage and free up cash for other investments.
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25 November 2024 | 9 replies
You are talking about 22$ an hour per individual for an 8 hour day plus whatever equipment costs they need to cover.
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26 November 2024 | 4 replies
A few things to keep in mind:Section 8 requires the property to pass an inspection based on HUD’s Housing Quality Standards (basically making sure it’s safe and well-maintained).The rent you charge has to align with Fair Market Rents (FMRs) in your area, so it’s good to check what similar properties are renting for.You’ll still be responsible for maintaining the property, but the upside is that a chunk of the rent is guaranteed by the government, which can provide steady income.Check with the local housing authority about any specifics for your area—every jurisdiction does things a little differently.This could be a great niche if you can find a good deal on the land and make sure your expenses (like maintenance, insurance, and occasional vacancies) are covered by the rental income.